secwatch.observer — SEC 8-K summary
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Issuer:     LIFETIME BRANDS, INC (LCUT)
CIK:        0000874396
Form:       8-K
Filed at:   2024-03-12T23:59:59+00:00
Accession:  0001628280-24-010383
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lifetime Brands Q4 net sales $203.1M, down 1.9%; adj. EPS $0.29 vs $0.35
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- Net sales $203.1M, down 1.9% YoY; full year $686.7M, down 5.6%.
- Q4 GAAP diluted EPS $0.13; adjusted diluted EPS $0.29 (down from $0.35).
- Full year net loss $(8.4)M or $(0.40) per diluted share; adjusted net income $11.0M or $0.52.
- Gross margin improved to 36.4% from 35.9% in Q4; 37.1% for full year.
- Quarterly dividend of $0.0425/share declared, payable May 15 to holders of record May 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874396/000162828024010383/0001628280-24-010383-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874396/000162828024010383/lcut-20240312.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-010383

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer